STOCKS NEWS THAILAND-Auto parts drop on weak outlook for car sales

Newswire

Shares in auto parts makers dropped after newspapers reported
that a Thai unit of Japanese carmaker Mazda Motor Corp
has cut production following recent cancellations of car orders.
Brokers said the report reflected a slowing car market after
the government ended its tax incentive scheme last year.
"It's an early sign of the slowing car market. With the
second quarter generally a low season, sentiment is weak for
order books of auto parts firms," broker Trinity ...

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